Catch up with Shell, Exxon urged
PRAISE and criticism was dispensed to fossil-fuel companies last week by the Church Commissioners, who have suggested that ExxonMobil needs to catch up with its rival, Shell.
On Tuesday of last week, Shell announced that it would leave the American Fuel and Petrochemical Manufacturers (AFPM), a large lobby group, citing a “material misalignment” over climate policies.
“The need for urgent action in response to climate change has become ever more obvious since the signing of the Paris agreement in 2015,” the chief executive of Shell, Ben van Beurden, said. “As a result, society’s expectations in this area have changed, and Shell’s views have also evolved.” Read Full Article - Church Times, April 12, 2019